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20121027
20121104
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obama: there's just no quit in america... and you're seeing that right now. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: making education and training a national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. welcome to the world leader in derivatives. welcome to superderivatives. >>> fema's about to run out of money. there are some people who say to it on a case
position it's a rally if romney wins and a slight gain if obama wins. >> exactly right. corporate america leaner, meaner, healthier than ever before. making $105 a share. even if it were to come off a little bit, the multiple is an indictment on the lack of pro-growth policies. you'll get maybe 15 multiple if you get an obama election. romney, look for a 20 multiple. >> okay. john, i gather you're not worried about the effects of hurricane sandy. you're saying between the fourth quarter and first quarter, we will get back whatever we lost and then maybe some. >> yeah, i think so p. >> we're talking 2%, 2.5%. destroying bridges doesn't create jobs. >> i think we'd all agree when i look into the tone of the discussion, we're talking about moderate growth. 1.5% to 2% growth. we're really not talking about back to 3% to 4% growth. and i would say we really need to resolve these uncertainties about affordable care health care, we need to -- dodd-frank, the bush tax cuts. a lot of policy uncertainty whether that needs to be resolved before we move the economy forward.uncertaintywheto be resolve
voters are going to blame president obama for what's going on right now, and leave aside the fact that the states in which the difficulties are occurring db new york, new jersey, connecticut are all reliantly democratic states. what is much more important to the outcome of this election, michelle, is what's going on behind me at this afl-cio phone bank where union volunteers are making calls, doing the painstaking work of identifying callers and getting them to the polls. the chamber of commerce told us they're making millions of phone calls in the final days. interest groups aligned with both campaigns are going to do this non-stop between now and tuesday. of course, many voters have already cast their ballots because of early voting in this country, michelle. but there's a lot of work left to go. the candidates are sprinting and so are the volunteers. >> john, thank you very much. stay there because we're going to come back to you in just a moment. there is that other story that has big impact on the presidential race, and that's the jobs report that came out this morning. our s
. in china. this is really -- this is maybe the most right now. obama/romney stock away from the business and obama's people, made it clear they won't sell the remaining stake in gm. tim massen said the same thing, and the disposal agent. romney's camp indicated they will take gm immediately. they will sell that stock, so that's a pretty by near situation. you will get results from ralph lauren. will they be the next company that we thought was doing well and europe slowed? the stock went down 13 points, but that won't be enough. anything negative at all on the call, ralph lauren trades hard, up and down on very little volume. please be careful. there are huge numbers reporting, companies reporting on thursday, including exon. i think that will be just fine, by the way. i want to hear from little chart industries, the company as an important recommendation, and key to our nation's attempt to harness natural gas. it's a huge cost control for the whole conversion. we'll be on it. kellogg is a trade and there was a time when kellogg was consistent, consistent, consistent. i think you want to
, could get the stock moving. in china. this is really -- this is maybe the most right now. obama/romney stock away from the business and obama's people, made it clear they won't sell the remaining stake in gm. tim massen said the same thing, the disposal agent. romney's camp indicated they will take gm immediately. they will sell that stock, so that's a pretty binary situation. you will get results from ralph lauren. will they be the next company that we thought was doing well and europe slowed? the stock went down 13 points, but that won't be enough. anything negative at all on the call, ralph lauren trades hard, up and down on very little volume. please be careful. there are huge numbers reporting, companies reporting on thursday, including exxon. i think that will be just fine, by the way. i want to hear from little chart industries, the company as an important recommendation, and key to our nation's attempt to harness natural gas. it's a huge cost control for the whole conversion. we'll be on it. kellogg is a trade and there was a time when kellogg was consistent, consistent,
on the fronts? jackie deangelis has some of the stats with us. >> that's right, joe. president obama met with new jersey governor chris christie yesterday. the president touring some of the worst hard hit areas of the jersey shore saying 2,000 fema personnel are on the gloupd rou affected states. at least 74 people have died in the u.s. as a result of sandy. most of them from new york and new jersey. still 5.6 million customers in the dark. and it may be ten days before the hardest hit areas sea power restored. more than 19,000 flights were canceled because of sandy, but stranded passengers have something to be thankful for. newark and jfk airports were back in business yesterday and delta and american airlines are scheduled to resume a limited number of flights out of laguardia in about 30 minutes. the mta is also getting back to business with new york city subways offering limited service starting today. the m tcta is waiving all fees until tomorrow. so good news there. >> we're looking for any good news so thank you. the eye of hurricane sandy has hit the jersey shore hard. it wiped a
. that's why the money is coming in. that's why obama is really playing hard defense right now. >> larry, two things to watch in pennsylvania. in the west, you have the coal country. they're very irritated about the obama administration's regulations. and in the east, you have the philadelphia suburb philadelphia suburbs. romney is strong with republican voters. if suburban voters flip, romney has a real shot in the keystone state. >> if republicans are always worried about wasteful spending, this is a perfect example of wasteful spending. they don't spend any money in minnesota at all. >> one at a time. >> it's not that long ago. >> 1972 is the last time minnesota voted for a republican. >> i hate to say it, but it was richard nixon. now i've said it. robert costa, i want you to challenge my friend keith boykins. you're saying there's a horse race in michigan, and wisconsin. the numbers in wisconsin look even up. and in iowa, where the liberal des moines register just endorsed romney. so there could be some real midwestern upsets, huh? >> the point in wisconsin is true. keith boykins is
. courtney reagan has latest. >> that's right, bill. president obama says the government will do all it can to get resources to local government and that he will provide additional resources to help restore power. the wrath of sandy has killed at least 39 people, a number we unfortunately expect to grow. more than 8.5 million people are without power across 18 states. earlier today, president obama declared disaster in new york and new jersey. the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up. jfk will open tomorrow. washington and philadelphia have been partially restored as far as service is concerned today. bill, back to you. >> courtney, thank you
the way through until our work is done. all right? thank you very much everybody. [ applause ] >> president obama with governor chris christie in new jersey today making comments about hurricane sandy and the recovery effort. let me bring in john harwood in washington to talk more about the president's comments. john, interesting to see two unlikely politicians very much on the same page on this issue right now. >> exactly. as chris christie said, maria, first and foremost it was two elected officials doing the jobs they were elected to do. so in some sense the president simply performing as citizens would want him to. on the other hand, for all the tens of millions of dollars being spent on television advertising in this final week of the election campaign, it is absolutely priceless for him to be standing there with the keynote speaker at the republican national convention against him. and to have chris christie say the president shows compassion, concern for our state and functioning at a high level. the president emphasized that 15-minute rule. he's going to return phone
cash to get right now? this is why it's so important. the obama administration said the following, obama for america -- let's go to the bank of america statement first. bank of america, we don't discuss client details but this loan has been disclosed as required by federal election commission rules and it is a standard commercial loan at a market competitive rate. that's what they say. i cannot prove that, carl, that it is market competitive rates. obama for america issued the following statement in regards to this loan. the loan was reported in mid-october in our fec chris closure and was covered by the press. it is a line of credit established by the campaign to ensure cash flow flexibility. we have not drawn on it. now, in addition to the obama campaign, mitt romney borrowed some money. he didn't go to the bank of america. went to the bank of georgetown, and he took out a loan of $20 million, the rate even more attractive, 0.045%. that was a loan taken out august 22nd, payable in 2013. there are some differences here because, again, bank of america, a public bank showned by the
a faster improvement in the economy than if barack obama is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert benefiting victims of sandy. bon jovi, christina aguilera. you can catch them tomorrow night at 8:00 p.m. join us for this special concert coming together. u tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550
and president obama's visit to the new jersey coastline. kayla tausche is live in atlantic city. kayla? >> reporter: hi, tyler. we just saw air force one fly right over us and headed likely toward the atlantic city airport. we have tons of residents in atlantic city who turned out very excited, very rambunctious to seat president. it is the first day of sun after days of wind and rain and of course the wreckage of sandy here is evident as a place that used to be home to more of a residential part of the boardwalk. residents would fish off of it and stroll here. not so much the business part of the boardwalk but the wreckage you're seeing here, nonetheless. here in atlantic city the cleanup is just in its early, early stages. some residents who chose to stay behind getting power. i spoke to one resident today who finally got power, got a pump to his basement and started trying to pump out water that had flooded his basement. he was moved to tears when he started talking about watching the boardwalk float down the street earlier this week. moving a little bit farther north, i mean the im
. if president obama is elected. he's got to worry about his legacy and maybe do some things and say let's not just look at each other with nasty faces. >> who's right? >> that switch, if you go back sir months ago was just the opposite. businesses were doing okay. consume er struggling. 2% real gdp, we just got that at the end of the week on top of 2.4 in 2010. 2.0 last year. first three quarters of this year, averaging 1.7. 2% growth. >> what about the housing market, bob? it feels like it's doing better than the overall economy. feels like it's on the rebound. how important is that and do you believe we are seeing an improvement in housing? >> i think the last part, we are seeing a slow bump in housing. it is part of the reason why the consumer is feeling better. i think housing is key. remember, housing, mortgaging, credit, almost did us in a few years ago and so, that feeling slowly is a good thing. >> let's talk fed for a moment. this week, the federal reserve left interest rates unchanged. said it would continue to buy mortgage-backed securities at $40 billion a month. qe continue
, making some arguments about the auto bailout which has been an issue that's helped president obama in the state of ohio. but the problem for mitt romney and anyone else participating in the campaign right now is all the coverage is drowning out anything that politicians say. we are locked in a very tight race. we had two new polls out this morning, tracking polls. one, the washington post/abc news poll showed mitt romney 49%-brah 49%-barack obama 48%. another poll shows pro seciselye opposite. obama 48%. but they're the same poll. with a margin of error, we have essentially a tie race but the obama team believes that their advantage is in the battleground states like iowa, states like nevada, states like ohio that mitt romney needs and we'll see whether they are right. but as of now, it appears unlikely that things are going to move very much over the next couple of days because romney's canceled campaign events tomorrow, so has the president. >> when we talk about the sort of being a dead heat in the popular vote, what do we know about the way the electoral vote may be breaking o
to madmoney.cnbc.com. president obama: there's just no quit in america... and you're seeing that right now. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: making education and training a national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can he
every day. they're phoning into the state of virginia right now with 13 electoral votes. that's a swing state barack obama carried four years ago that mitt romney wants to take away from him. business and other groups allied with the republican campaign are doing the same thing. the u.s. chamber of commerce, though they didn't want us to have a camera in their phone banks, say they're also making millions of calls this weekend. everyone is trying to goose the turnout. the turnout by the two sides is what's going to tell us which of these poll models is correct. the likely voters are something that pollsters can only guess at. they're trying to turn likely voters into actual voters. >> all right, john. thanks so much. we'll keep watching that. very, very important component to this story. >>> 40 minutes before the closing bell sounds on wall street for friday. the market is under pressure today after being up 57 points on the better than expected jobs numbers. a complete reversal. we're looking at a triple-digit decline to end the week. >>> meantime, verizon is warning that now that supe
and author of "morning money" will join us in just a short while. stay tuned for that. we'll be right back. ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> president obama plans to fly to new jersey this afternoon to meet with governor chris christie and tour the storm damage to the jersey shore, specifically atlantic city. mitt romney is going to resume campaigning in florida. joining me now is ben white. how does this play out into the election next week? the president is going around looking presidential, i suppose. >> yeah, that tends to help a sitting president. and i think to the extent that it has any impact, i'm not sure it has a big one, it's probably helpful to president obama, particularly today you'll see pictures of him touring the damage in new jersey with the governor of new jersey, chris christie, a republican, who has been a big backer of mitt romney, who in the aftermath of this storm has been very supportive of the president, very thankful for the president's actions he
.2% right now. today we learned that it's actually 7.9%. that's 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. think of that. >> now, maria, both candidates are going to be in ohio. crucial, all-important ohio, this weekend with just three full campaign days left until election day. there's a lot to be decided here and a lot riding on the next couple days. >> absolutely. thanks very much. my next guest says the jobs numbers are evidence, in fact that, the economy is making steady progress. here to make his case is andy stern. he's former president of the service employees international union. now a senior fellow at columbia university. before we get to that, there have been unconfirmed reports -- thanks for joining us, andy. >> good to be here. >> utility crews from out of state that are not unionized, they're getting a hard time, even turned away, by unionized local crews. have you heard this? what can you tell us? >> i haven't heard this. i would hope it's not true. this is a time -- i grew up in new jersey. i lived in new yor
to run for president after a second obama term than a first romney term? yes. do i also think he's sincere doing his job? yes. i think it's one of those cases by chris christie doing what he sees as the right thing, working on this disaster and trying to fix it, or ameliorate it the best he can, it's good for his long-term politics. >> kayla pointed out, too, this is a problem that is beginning to be around for months and months. and if that's the case, you probably want the make sure that you are keeping good relations with washington and keeping good relations with anybody supplying money. >> no question about it whatsoever. so this is just one of those circumstances that i think falls in a way that benefits president obama, although i have the say i don't think there's a huge electoral benefit here. i don't think a lot of votes are going to switch because the president is doing his job here. but it can't hurt. >> john, thank you so much. we'll talk to you soon. got a lot of things going on in the next week. >>> coming up, we'll focus on the markets ahead of the reopening of wa
to unleash. so i think the market psychologically with like to see a romney win, but even if it's obama, we can still make a plan. and that's the biggest problem. >> what happens if we don't find out the outcome of the election by wednesday morning? >> that's the talk of the town right now. downstairs everybody's talking that is the biggest disaster because if he with have that uncertainty continue -- i don't think it would go as lon at figure cal cliphysical kal clif that's the irs volumes have been low because we ecause there is no etting plan going forward. >> scott, we'll leave it there, but thanking for your perspective. we'll see you soon. the question on our minds here this morning, to run or not to run. that is our question. the big controversy over mayor bloomberg's decision to push forward with the marathon. one topic of outrage to touch on in chairs this morning. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. but don't just listen to me. listen to these
Search Results 0 to 19 of about 20